Bournemouth’s Eddie Howe is expected to reject the chance to replace Ronald Koeman at Southampton but they have alternative targets.

Cherries manager Howe is rated as Southampton’s top choice to succeed Koeman should the Dutchman complete a move to Everton.

It is understood that Saints and Everton are currently in talks regarding a compensation package, reported to be in the region of Â£5million despite the fact that Koeman is out of contract next summer.

Southampton have seemingly identified Howe as their number one target, having also been linked with the Cherries boss in the past, but they could be set for disappointment as the latest reports say he will snub any interest from St Mary’s in order to remain at Dean Court.

However, Southampton have other targets in mind as former Manchester City boss Manuel Pellegrini and Frank de Boer are contenders.

Chilean Pellegrini was replaced by Pep Guardiola at City following the end of the season but it is thought he hopes to continue managing in the Premier League.

Former Netherlands international De Boer decided to call time on his stay with Ajax at the end of the season and is also thought to be open to a role in England.

Both Pellegrini and De Boer were linked with the Everton job but with Koeman now seemingly set for Goodison Park, the duo may be tempted by the chance to manage Southampton.